Asian stocks demonstrate mixed performance

Asian stocks demonstrate mixed performance

On Friday, Asian markets showed mixed performance because the evergreen buck wobbled having soared overnight reacting to remarks from Donald Trump.

Tokyo's benchmark Nikkei 225 index rebounded from morning revenues losing 0.06%. As for key exporters, they demonstrated mixed performance because the evergreen buck held onto moderate overnight revenues versus the Japanese yen. Meanwhile, financial names generally inched down.

Car makers turned to be mixed too. Toyota edged up 0.46% and Honda rallied 0.05%. Besides this, Suzuki Motor went down 3.23% after Maruti Suzuki India revealed that its quarterly revenue disappointed hopes.

Fanuc Manufacturing stood still, soaring no more 0.1%.

As Friday’s data disclosed, December consumer prices were steady in Japan. In December, the core consumer price index inched up 0.9% versus 2016. Excluding energy and food, prices tacked on 0.3% in November.


European equities head south

On Tuesday, European equities went down, having a second straight loss because telecom stocks were pressured, while market participants stepped back from risk ahead of testimony having to do with monetary policy from Fed Chair Jerome Powell…


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Greenback surges as yields soar

On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…

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